Optimism Proposal Suggests Airdrop Exclusion for OP Token Dumpers
This week’s Optimism airdrop was controversial from the start, with the claims interface being shut down due to overwhelming demand. The OP token, which is barely a day old, has…
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Tech Experts Warns US Lawmakers About Growing Crypto Lobbying Efforts
In a first such attempt to counter lobby, the technologists wrote to the US lawmakers terming cryptocurrencies as “risky, flawed, and unproven digital financial instruments.” Counter-lobby Efforts As per the…
Morgan Stanley: Crypto Venture Capital Funding Could Drop by 50% This Year
The crypto industry has seen a wave of venture capital firms investing in various assets and blockchain firms since the start of 2021. However, American multinational investment management and financial…
India’s Central Bank Eyes a Graded Approach to CBDC Launch
India’s central bank, the Reserve Bank of India (RBI), has said that it would implement its CBDC plans through a graded approach and as per the country’s monetary policy. The…
Goldman Sachs and FTX in Talks for Ambitious Derivatives Trading Deal: Report
Goldman Sachs is reportedly in talks with the US arm of crypto exchange FTX for potential integration of the latter’s derivative operations. According to Barron’s report, the multinational investment giant…
Binance Labs Introduced a $500 Million Fund to Focus on Web3 Companies
The venture capital and innovation incubator of Binance – Binance Labs – raised $500 million for its first start-up fund and intends to invest the sum into entities part of…
Bitfinex Hack: Heather ‘Razzlekhan’ Morgan and Husband Hearing Postponed
Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, the self-claimed infamous “Crocodile of Wall Street” couple, were charged with trying to launder funds taken in a massive hack of…
Soros Fund Management CEO Is More Bullish on Ethereum Than Bitcoin
Dawn Fitzpatrick – CEO and CIO at Soros Fund Management – doubled down on her pro-crypto stance, predicting the asset class is “here to stay.” She believes that climate impact…
Bitcoin Tested $32K, Cardano Explodes 15% Daily (Market Watch)
Bitcoin’s bullish price movements continued in the past 24 hours as the asset spiked to a 20-day high of over $32,000. While most altcoins have calmed on a daily scale,…
Ethereum Beacon Chain Launches on a New Testnet in Preparation for Upcoming Merge
As The Merge is set to occur in August, leading Ethereum developer, Tim Beiko announced on Tuesday that the Ropsten Beacon Chain had been launched as a testnet for Ethereum…
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